Wearable Computing Devices Market Estimated to Expand at a Robust CAGR over 2020

Wearable computing devices are computer-based devices which are worn by a user. It includes clothes, glasses, watches and shoes. These wearable computing devices are used to take and view pictures and video. They are also capable to read text messages and emails and responds to voice commands. These devices also play a pivotal role in heart rate monitoring and logic calculation.

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The global wearable computing devices market is categorized based on various consumer and non-consumer applications. The consumer application segment is further sub-segmented into activity trackers, smart glasses, wearable cameras, smart clothing, smart watches and gaming devices. The non-consumer application segment is divided healthcare, industrial and defense.

In terms of geographic, North America and Europe dominates the global wearable computing devices market due to increased awareness among people towards these devices. Raised awareness among people towards wearable computing technology has increased the adoption rate of these devices in the region. The U.S. represents the largest market for wearable computing devices followed by Canada in North America. In Europe, France, Germany, Spain and the U.K. holds major share of wearable computing devices market. However, Asia is expected to show high growth rates in the next five years in global wearable computing devices market. China and India are expected to be the fastest growing wearable computing devices markets in Asia.

In recent time, advanced features of these devices is key driver for the global wearable computing devices market. Advanced features, such as light weight and data monitoring applications attract end users to adopt wearable computing devices. In addition, technological advancements in material sciences and information technology have also fueled the growth of global wearable computing devices market.  However, high cost of wearable devices and privacy concerns are some of the major restraints for the global wearable computing devices market. In addition, less battery back-up of these devices also obstructs the growth of global wearable computing devices market.

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Some of the major companies operating in the global wearable computing devices market are Contour, GoPro, NanoSonic, Weartech, Textronics, Himax Technology, Invensense Inc., CSR plc., Zephyr Technology Corporation, Smart Life Technology Co., Ltd., Silicon Micro Display, AiQ Smart Clothing Inc., Apple Inc., Ascension Technology Corporation, Carl Zeiss Inc., Casio Computer Company Ltd., GE Healthcare, Medtronic Inc., Siemens Healthcare and Samsung Electronics.

PC/Mac Gamer and PC/Mac Gaming Peripheral Market to Receive overwhelming hike in Revenues by 2020

A gamer is someone who takes part in interactive gaming such as PC/Mac games. PC/Mac gamer can be bifurcated into 3 categories such as hardcore gamer, enthusiast gamer and casual gamer.

Hardcore gamers are someone who spends lot of time on PC/Mac games. Hardcore gamers are technology savvy and have the latest gaming peripherals. Enthusiast gamers are someone who has very keen interest in the games but they do not spend much time like hardcore gamers. Casual gamers are someone whose interest in the game is limited. Casual gamers usually like to play easy games and spend less time on the games. There are over 1 billion PC gamers globally and the number is still growing.  With the increasing number of gamers boost the market for PC/Mac gamer and PC/Mac gaming peripheral.

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PC/Mac gaming peripherals market can be bifurcated into six categories such as mice, keyboards, gamepads/controllers, external speakers, headphones, and headsets. PC/Mac gaming peripherals market is growing at a good growth rate despite of general decline in the mainstream PC market. Hardcore gamers are usually interested in playing games with high end technology and pay thousands of dollars for the latest gaming peripherals. Thus boost the market for PC/Mac gamer and PC/Mac gaming peripheral market.

North America is the largest market for PC/Mac gamer and PC/Mac gaming peripheral, followed by Europe. Asia-Pacific is the fastest growing market for PC/Mac gamer and PC/Mac gaming peripheral due to the rise in disposable income. Countries such as China has shown a good growth rate in PC/Mac gamer and PC/Mac gaming peripheral market due to the growing demand from Chin’s internet cafe for the mainstream and performance class gaming peripherals.

Rising disposable income, technology innovation and increasing number of gamers are some of the major driving force for PC/Mac gamer and PC/Mac gaming peripheral market. Increasing disposable income in the developing countries such as India and China is expected to fuel the growth rate of PC/Mac gamer and PC/Mac gaming peripheral market. Increasing disposable income allows the customer to spend more on luxury product among which gaming peripherals plays key role.

According to the National Bureau of Statistics China, annual per capita disposable income of urban households in China increased from USD 2,271.0 in 2008 to USD 3408.5 in 2012. The overall annual disposable income in India medium household income increased from USD 1,366.2 billion in 2010 to USD 1,587.6 billion in 2013.  Some of the major restraints for PC/Mac gamer and PC/Mac gaming peripheral market are decline in the sales of PC.

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The major companies operating in the PC/Mac gamer and PC/Mac gaming peripheral market are Logitech, MadCatz, Razer and corsair.

Image Recognition Market Poised to Expand at a Robust Pace Over 2020

Image recognition is a technique for acquiring, processing, scrutinize, and sympathizing images. It gathers high-dimensional data from the real world in order to generate numerical or symbolic information. Image recognition uses disentangling of representational information from image data using replica created with the help of geometry, physics, statistics, and learning theory.

Image recognition (biometric-based recognition) technique has emerged as the most promising alternative of card based recognition for identifying individuals in recent past. Image recognition is used for verification (one to one matching) and identification (one to many matching) of individuals.

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Image recognition technologies include identification based on physiological distinctiveness of the people such as facial patterns recognition, fingerprints recognition, hand geometry recognition, hand veins pattern recognition, finger geometry recognition, palm recognition, iris recognition, retina recognition, and voice recognition. Image recognition also identify the behavioral uniqueness of the individuals such as gait, signature and keystroke dynamics

The recognition based on passwords and PINs are trailing in popularity mainly due to the fact that they are hard to remember and cannot be stolen, duplicated by the intruders. Moreover the risk associated with misplacing of cards, tokens, keys and the like is also lend a hand in wide acceptance of image recognition as an alternative of traditional access control systems.

On the basis of technology the global image recognition market can be broadly categories in five different market variants namely, optical character recognition (Ocr), pattern and gradient matching, object recognition, barcode/Qr code recognition and facial recognition.

On the basis of the different component use in the image recognition equipment the overall market can be broadly categorized in three segments namely, hardware, software, and services.

Based on the end user application the image recognition market can be further categories in eight different classes namely, government and defense, banking, financial services and insurance, healthcare and life sciences, manufacturing or industrial, consumer goods and retail, information technology and telecommunications, transport and logistics and others.

The growing use of face recognition technology in smart phones, tablets and personal computer owing to the advancement in size and accuracy is propelling the market for face recognition technology. Moreover increasing governmental budget towards homeland security and defense is further driving the market in developing countries such as India, China, and Russia. Increasing use of facial recognition access system over card based access system in industries and residence is providing new market opportunities for the facial recognition technology.

North America is the largest market for facial recognition in the world. It is then followed by Europe and Asia Pacific. The U.S. is the largest market for facial recognition in the North America. Chinese and Japanese are the major user of image recognition technology in Asia Pacific. Asia Pacific is one of the rapid growing markets of image recognition where the market is growing in double digit. High threat prospective from terrorist attack couples with trend towards e-governance is contributing to the high growth rate in this region.

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Some of the major companies operating in global image recognition market include, Catchoom, Honeywell, LTU Technologies, Panasonic Corporation, Toshiba, Hitachi Ltd, Itraff Technology, NEC Corporation, Qualcomm Technologies, and Wikitude Gmbh.

Night Vision System (NVS) and Driver Monitoring System (DMS) Market to Develop Rapidly by 2021

With the increasing vehicles on the road, the demand for safety has been increasing among consumers and government. Passenger cars meet with most of the road accidents every year either due to non-attention of the driver or poor light conditions on the road. To combat this issue passenger car manufacturers have been equipping the high-end new vehicles with night vision system and driver monitoring system.

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Together known as active safety systems, night vision system and driver monitoring system are used in passenger cars. Night vision system and driver monitoring systems are mainly installed in premium and luxury cars play an important role in preventing road accidents. Night vision system equips vehicle driver with better vision while driving during night or in dark weather conditions. It also enables the driver to view the path which is beyond the reach of vehicle’s headlight. The driver monitoring system on the other hand, uses infrared sensors to monitor driver’s attentiveness. Driver Monitoring System includes a charged coupled device (CCD) camera placed on the steering column which tracks eyes of the drivers with infrared LED detectors. The system warns the driver by flashing lights and warning sounds if the driver loses attention on the road and accidental situation is detected. The system applies automatic brakes to the vehicle if the same is not done by the driver in accidental situations.

The developed countries have comparatively greater number of premium and luxury passenger cars as compared to the developing country, due to which they have large market for night vision system and driver monitoring system. However, with the growing demand for luxury cars in the developing countries, the demand for night vision system and driver monitoring system is increasing. Night vision system had a larger market share as compared to the driver monitoring system. High price is major restraint for the night vision system and driver monitoring system market; however the increasing global per capita income is reducing its impact.

The increasing demand for luxury cars and safety awareness are the key market drivers for advanced night vision system and driver monitoring system market. The New Car Assessment Program (NCAP) is a government car safety program which is being implemented in every important country around the globe to evaluate new automobile designs for performance against various safety threats. The program gives rating to the passenger cars based on the safety level offered by them. The increasing number of countries implementing NCAP is presenting growth opportunities for the global night vision system and driver monitoring system. The U.S. Department of Transportation assesses its vehicle safety programs which is making the safety rules for vehicle manufacturers more stringent. Bharat New Vehicle Safety Assessment Program, a safety assessment program based on NCAP model is expected to be implemented in India by the end of 2014.

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Among regions, Europe dominated the global night vision system and driver monitoring system market, followed by North America. The European night vision system and driver monitoring system market is facing challenges due to weak economic conditions, however it is retaining its growth on account of improving economy and regaining of customer confidence. The major companies operating in night vision system and driver monitoring system market are Robert Bosch GmbH, Continental AG, Autoliv Inc., Delphi Automotive PLC, Denso Corporation, Omron Corporation and Magna Electronics.

Multilayer Ceramic Capacitor (MLCC) Market is Set to Garner Staggering Revenues by 2021

Ceramic capacitor is endowed with the alternate layers of ceramic and metal. The ceramic material acts as a dielectric. Demand for these ceramic capacitor is rising owning to increasing usage in approximately all the electronics devices. The growth of new designs of MLCCs with improved bypassing, higher capacitances, decoupling and filtering capabilities is estimated to increase ceramic usage. MLCC designs results are ensuring ever thinner layers: even less than one micron thick.  With this technological advancement, MLCCs are not only smaller in size, but have better charge capacity owning to the increased number of layers. The industry trend in the direction of finer layers is creating the role of filtration more critical for MLCC manufacture.

MLCC are used in several applications such as AC-AC and DC-DC converters and for EMI suppression. Ceramic capacitors of particular styles and shapes are used for RFI/EMI suppression and as power capacitors in larger dimensions for transmitters. The multilayer ceramic capacitor market is expected to show the double digit growth at a CAGR during forecast period.

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The major key factor that contributes to growth of this market is the increasing demand for multilayer ceramic capacitor in the electronics industry. The demand for MLCC is rising in the electronics industry with continuous increase in requirement of high-specification electronic gadgets. The demand for MLCC is majorly created by computers, televisions, mobile phones and other consumer electronics. The companies of high-end electronic devices and equipment have increased the use of MLCCs in electronic device. The multilayer ceramic capacitor has also been witnessing a constant decline in prices. However, the inherent drawback of ceramic capacitor is MLCC has ceramic as dielectric material that is flat to physical damage and may easily get cracked.

The MLCCs should be handled with utmost care; otherwise the lifetime of MLCCs would get shorten. The different geographical regions for this market include North America, Europe, Asia-pacific and Rest of the World. The APAC region is the key manufacturing land for electronic device manufacturers. The constant demand for MLCCs in Asia Pacific has led to the appearance of manufacturers from several Asian countries such as South Korea, Taiwan and China. Manufacturers from Asian countries are increasing the production with the improved technologies for production of MLCCs. Moreover, these Asian companies offer MLCCs at comparatively low cost than the companies from other countries. Development and Market size trends of main MLCC application fields in China include computers, mobile phones and TV.

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Some of the major vendors for multilayer ceramic capacitor are Murata Manufacturing Co. Ltd., Taiyo Yuden Co. Ltd., Fenghua Advanced Technology, Murata, Kyocera, YAGEO, Walsin Technology Corp., Chaozhou Three-Circle and Samsung Electro-Mechanics Co. Ltd. Samsung Electro-Mechanics and Murata stress the Chinese market than other markets. Samsung Electro-Mechanics set up four MLCC production plants in Tianjin, Suzhou and Dongguan to generate almost all the types of products. Murata has already established plants in Wuxi and Beijing and its product portfolio covers a wide range.

3D Bioprinting Market to Surge at a Robust Pace in Terms of Revenue Over 2021

3D bioprinting is a process of creating spatially-controlled cell patterns in 3D, where viability and cell function are conserved within printed construct. The 3D bioprinting industry that is currently at the embryonic stage of generating replacement human tissue has been forecast to be worth billion dollars by 2019. 3D bioprinting at present largely involves the creation of simple tissue structures in lab settings, but is estimated to be scaled up to involve the creation of complete organs for transplants. This technology is expected to be used for more speedy and accurate drug testing, as potential drug compounds could be tested on bioprinted tissue before human trials commenced.

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3D bioprinting is steadily emerging as an area that is gathering attention from a lot of academicians. Some of the researchers have recently opened start-up firms with aim of commercializing the technology in coming years. A number of start-ups have recently sprung up to build up products based on bioprinting. Some are spin outs from university research. For examples, Aspect Biosystems focused on printing tissue models for toxicity testing TeViDo BioDevices focused on printing breast tissue and SkinPrint focused on developing human skin. The market of 3D bioprinting particularly focuses on the commercial bioprinters and those under development, their applications and the expected future evolution. It is widely predictable that the 3D bioprinting market has great potential. It requires biocompatible materials (bio-ink and bio-paper), software (CAD), hardware (bioprinters); each has the capability to grow into separate niche industries.

The market at present has 14 industry sponsored bioprinters, focused on variety of commercial applications. The widen supply-demand gap for organ transplants is an unmet need; the ultimate goal of researchers is to be able to create bioprinted organs for organ transplants. The focus of this market is expected to shift from research to commercialization. At this stage, the applications such as tissue engineering (skin and cartilage) and drug testing (skin and cartilage) are expected to be popular.

In coming years, 3D bioprinting to be a multi-billion dollar industry owning to early success of bioprinted organ transplants is expected to offer additional boost in subsequent years. The next generation of bioprinters is to offer additional features such as multiple arms and is expected to be comparatively more affordable driving wider adoption. Aspect Biosystems would dramatically cut the cost and time it takes to develop and test the drugs leading to cures for presently incurable diseases and cheaper treatment options. The companies in bioprinting market include SkinPrint that is developing a replacement skin for the burns patients or for those suffering from skin disorders. Aspect Biosystems that is developing printed tissue for drug testing.

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Some of the major players for 3D bioprinting market are Advanced Biomatrix, 3D Biotek, 3D Systems, Avita Medical, Bespoke Innovations, Autodesk, EnvisionTEC, Cyfuse Biomedical, CMC Microsystems, Digilab, United Therapeutics, TeVido BioDevices, DTM, Bio3D Technologies, Helisys Inc. CMC Microsystems, InSphero AG and BD Biosciences among others.

Storage Networking Market is Expecting Worldwide Growth by 2021

Storage networking, also known as storage area network, is a network used to provide access to a secured, block level data storage. These networks are used to enhance the capacity of mass storage devices (tape libraries, optical jukeboxes and disk arrays) that have access to servers. Storage networking ensures that these storage devices appear as locally attached drives to any operating system. It links all storage devices together in any network and connects them to different operating systems in other IT networks. The storage networking market is primarily driven by explosion of digital data which generates the need for developing secure, efficient and effective data storage infrastructure among enterprises.

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Storage networking is a technology specially designed to allow computer systems to share huge volumes of data across high-speed local area networks, owing to which it isexpected to be the future of recent IT storage needs. The storage networking is used in various applications in industry sectors such as government communications, media and services, banking and securities, manufacturing and natural resources, insurance, retail, transportation, healthcare, entertainment and education.

In the information driven world, the amount of data that is generated is increasing at a rapid pace. The digital era has made possible electronic data capture for individuals, government agencies and private companies that enables them browse, store and share huge volumes of data securely. Private companies have been key contributors for information explosion and creating large amounts of data. Additionally, increase in implementation of customer relationship management and enterprise resource planning solutions have majorly contributed to data explosion through generating huge volumes of information about suppliers, partners and customers.

Healthcare and entertainment industries are primary contributors fueling the growth of the global storage networking market. Data explosion is making these two sectors lucrative adopters of storage networking technology. Another key factor responsible for an increased demand for storage networking technology from the entertainment industry is the continuously rising data volume due to propagation of the broadband internet services. For instance, social networking sites such as Facebook and Twitter accumulate huge amounts of data and therefore are potential opportunities for storage networking market. Similarly, rising pressure to store huge volumes of medical data in the healthcare industry is also a key reason forcing this industry to adopt storage networking technology. Growing importance of maintaining patient related data is likely to offer a banquet of opportunities for storage networking industry.

Rising adoption of cost reduction techniques such as server virtualization is likely to boost storage networking market in the near future. Server virtualization integrates various emerging technologies such as Service-oriented architecture (SOA), Green IT and Software as a Service (SaaS) and therefore is a key strategy among other virtualization drives. Additionally, the implementation of centralized servers which requires more networked and distributed storage facilities is anticipated to enhance market growth. Effective working of virtualized environments depends on factors such as, efficiency, scalability, speed of the storage technology and reliability. With such integrated benefits in storage area network, this technology is poised to reap the highest benefits.

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working market include Cisco Systems, Inc., Brocade Communications Systems, Inc., Coraid, Inc., Dell, Inc., Cutting Edge Networked Storage, EMC Corporation, Hewlett-Packard Company, Emulex Corporation, International Business Machines Corporation, NetApp, Inc., LSI Corporation, NETGEAR, Inc., Overland Storage, Inc., Nexsan Technologies, Inc., and QLogic Corporation.

Pay TV Video Encoders Market is Expected to Witness a Steady Growth by 2020

In the recent year, pay TV market has gone through several changes. Pay TV video encoders market has witnessed a strong growth over the past few years due to the increase in uptake of cable, satellite and Internet Protocol Television (IPTV) video services. The pay TV video encoders market is bifurcated into three categories: cable, satellite and Internet Protocol Television (IPTV).

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Cable represents the most dominant form of pay TV services in most countries. Cable operators are facing tough competition from satellite and IPTV services. Satellite services are usually known as DTH. In the U.S., DTH has gained huge popularity and it is in the emerging phase in the developing nations. IPTV service is new as compared to the cable and satellite services. IPTV offers applications such as Video On Demand (VOD), games and interactive advertisements.

North America is the largest market for pay TV video encoders. Europe is the second largest market for pay TV video encoders. Asia Pacific is expected to be fastest growing market for pay TV video encoders.

Increase in the number of digital channels, HD programming and launch of VOD applications, increasing penetration of advanced encoding formats such as AVC in various parts of the world and rising adoption of HD content are some of the major driving force for pay TV video encoders market. High cost equipment and long sales cycle and reduction in product prices are some of the major factors which hampers the pay TV video encoders market.

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Some of the major companies operating in the pay TV video encoders market include Anystream, Cisco, Digital Rapids, Arris Group, Akamai Technologies, Ericsson, Huawei Technologies and Polycom.

Radiation Detection, Monitoring and Safety Equipment Market to be at Forefront by 2021

Increasing  levels of radiationarecausing harm to human health globally. According to the United States Environment Protection Agency (U.S. EPA), radioactive materials produce ionizing radiation on decaying, which can damage the living tissues in human body. The human body tries to repair the damage but sometimes in cases of high severity it fails to repair them which lead to disease such as cancer .The most common forms of ionizing radiation are alpha, beta, and gamma.

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Threat of nuclear disasters drives governments and companies prone to the threat of radiation  to upgrade their radiation detection and monitoring devices. The nuclear disaster in the Fukushima plant in Japan in 2011 resulted in meltdown of three nuclear reactors, leading to the release of a substantial amount of radioactive materials.

The use of radiation detection, monitoring, and safety equipment minimize the effects of harmful radiations. Radiation detection, monitoring, and safety equipment includes radiation protection equipment and instruments. Based on application, the radiation detection, monitoring, and safety equipment market can be segmented into six major categories including nuclear power plants, defense and homeland security, occupational safety, oil and resource exploration,and manufacturing . Nuclear power plants also use radiation safety accessories including full body radiation protection andhand safety accessories.

Based on composition, the radiation detection, monitoring, and safety equipment market can be segmented into gas filled detectors, scintillators,and semiconductor-based detectors. There are three types of gas-filled detectors, namely Geiger Mueller counters, proportional counters, and ionization counters. Scintillators can be segmented into two categories, namely inorganic scintillators and organic scintillators. Based on product, the radiation detection, monitoring, and safety equipment market can be segmented into five categories:personal dosimeters, area process monitors, environment radiation monitors, surface contamination monitors, and radioactive material monitors. Gas-filleddetectors and personal dosimeters dominate the global sales. Scintillators dominate the gas filled detectors market for defense and homeland security due to their ability to detect radiation at micro levels. Personal dosimeters include passive dosimeters and active dosimeters.

Increase in the number of nuclear energy industries has been propelling growth of nuclear power plants globally.  The use of radioactive compounds in  several consumer productsis another source of radiation.Increasing nuclear threats in developed countries and growing concern of governments regarding internal security are propellinggrowth of the radiation detection, monitoring, and safety equipment market fordefenseand homeland security.Increasing use of radiation therapy and nuclear medicine in the treatment and diagnosis of diseases is one of the major market drivers. Medical detectors include CT X-ray detectors, PET, and SPECT detectors.

North America dominated the radiation detection, monitoring, and safety equipment market in 2013 in terms of global sales, followed by Europe. North America is expected to continue with its dominance during the forecast period due to technological advancements andgovernment support to the radiation detection, monitoring, and safety equipment market .

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safety equipment market include Canberra Industries, Inc., Thermo Fisher Scientific, Inc., Landauer, Inc., Mirion Technologies, Inc., Bar-Ray Products, Inc., Biodex Medical Systems, Inc., Protech Radiation Safety, ProtecX  and Amtek, Inc. Most of the major players in the global radiation detection, monitoring, and safety equipment market are U.S. based.

CMOS Image Sensor Market Revenue Predicted to Go Up by 2021

CMOS (Complementary metal oxide semiconductor) image sensor is an opto-electronic device used for converting incident photon flux to digital signals. In recent years due to the growing demand for small high definition (HD) camcorders, there has been significant development in CMOS image sensors market. These sensors provide the benefit of low power consumption and high speed imaging capabilities. CMOS sensors are more capable processing at high speed compared to other sensors such as CCD (charged couple device).

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Image sensors have many applications including fault detection, entertainment, medical application and others. With advancement in technology applications are increasing at a high rate. Imaging technologies are moved toward digitization which has led to the development of CMOS and CCD technologies.

With the optimum performance CMOS image sensors are used in various application areas of imaging market. Some of the emerging application areas are camera used in tablet, mobile phones, notepad and CCTVs. Apart from this application, image sensors are highly adopted in application such as automobile drive assistance, machine vision and in security and surveillance. In the field of security surveillance the development of CMOS image sensors is accompanied by increasing prevalence of IP networking which demands for high definition resolution. The market for CMOS image sensor is expected to grow at a modest CAGR during the forecast period.

The market for CMOS image sensor is driven by factors such as increasing demand for smart phones and rising demand for security and surveillance. Minimum medical invasive procedures also driving the growth of market. The factors responsible for restraining the market growth include high cost and high maintenance of the devices. The market is having opportunities in medical industry as involvement of instruments and equipment during medical operations needs to be changed with image sensors.

The market for CMOS image sensor is segmented on the basis of technology, end use application and geography. On the basis of CMOS technology the market can be segmented into front side illumination (FSI) and back side illumination (BSI). On the basis of end use application the market can be segmented into security and surveillance, automotive applications, consumer products such as Tablet, Mobile and others, defense and aerospace among others. The geographical analysis of the market is done on the basis of North America, Europe, Asia Pacific and Rest of World. Currently, North America is the leading geography for the market and market of Asia Pacific is expected to grow at high CAGR. The growth is due to large consumer electronics market and usage of mobile devices and other portable devices is increasing at a high rate.

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Some of the major players of the market include Samsung Group, Hitachi Ltd, Sony Corporation, Canon Inc, Olympus Corporation, Karl Storz GmbH and Co. Kg, PhotonFocus Ag, True Sense Imaging Inc., Espros Photonics Corporation, Fujifilm Holding Corporation, Nikon Corporation, CMOSIS and Teledyne Dalsa Inc. among others. Companies are continuously making efforts in providing latest technology related to CMOS image sensors.  Samsung is providing these sensors with wide range of resolutions in standalone or integrated system on a chip solution.